Common use of Internal Resources Clause in Contracts

Internal Resources. The Parties agree and acknowledge that it is intended that the activities under each Manufacturing, Preclinical and Clinical Development Plan and Commercialization Plan, when taken as a whole for a given Calendar Year, be allocated and assigned to each Party such that the internal resources devoted to, and participation by the Parties in, the Development and Commercialization activities hereunder, taken as a whole, be substantially equal on an ongoing basis for such Calendar Year. The JSC may propose amendments to the Manufacturing, Preclinical and Clinical Development Plan and the Commercialization Plan as necessary to maintain substantial equality in resources devoted to, and participation by the Parties in, such activities for review and approval by the JSC. Article 13 PAYMENT TERMS; BOOKS AND RECORDS; AUDIT Section

Internal Resources. The Parties agree and acknowledge that it is intended that the activities under each Manufacturing, Preclinical and Clinical Development Plan and Commercialization Plan, when taken as a whole for a given Calendar Year, be allocated and assigned to each Party such that the internal resources devoted to, and participation by the Parties in, the Development and Commercialization activities hereunder, taken as a whole, be substantially equal on an ongoing basis for such Calendar Year. The JSC may propose amendments to the Manufacturing, Preclinical and Clinical Development Plan and the Commercialization Plan as necessary to maintain substantial equality in resources devoted to, and participation by the Parties in, such activities for review and approval by the JSC. Article 13 PAYMENT TERMS; BOOKS AND RECORDS; AUDIT Section.